Posts tagged as:

Phoenix

Magnificent Phoenix Rainbow

by Dru Bloomfield on February 20, 2011

My friend and fellow Realtor, Luetta Newnam, posted this photo on Facebook yesterday.  It’s such a beautiful rainbow, with an outstanding view of the downtown Phoenix skyline, that I asked her if I could share it with you. We had a bit more rain this morning, but no rainbows. By afternoon, the sun was back [...]

Where have the real estate investors been buying?

by Dru Bloomfield on June 4, 2009

      Over the past five years, investors have accounted for more than 10% of the home sales in: Tempe Carefree Phoenix El Mirage Tonapah Glendale Scottsdale Avondale Paradise Valley Apache Junction Mesa Fountain Hills Surprised?

Is the REO bubble over in Phoenix?

by Dru Bloomfield on May 31, 2009

Mike Orr loves his numbers, even more than I do.  Last week he published an interesting article on “shadow inventory” on his subscription site, www.CromfordReport.com. While I could add my two cents to Mike’s analysis, I think he’s done such a thorough job that I’ll include the full article. Shadow Inventory? Some analysts have written [...]

The Danger of Generalizations

by Dru Bloomfield on May 5, 2009

Last week, I wrote a blog post Looks like Phoenix real estate prices may be on their way up, where a comment was left regarding the danger of generalizations.  I agree, generalizations can give a false picture of what is happening in various areas of the market, such as in different communities or different price [...]

What can you say?

by Dru Bloomfield on April 17, 2009

Here’s a couple photos of a foreclosure property in Phoenix. And a view from the upstairs loft. Photo credit: D. Patrick Lewis   What can you say? Mostly we are speechless. If you are buying a bank-owned home, please, please, please, do yourself a favor and get a home inspection.

Phoenix Real Estate Market Update

by Dru Bloomfield on April 17, 2009

Earlier this week, I read the Phoenix Real Estate Market by Tom Ruff on the John Hall & Associates blog. Lots of good info that validates some of my experience with lender owned properties over the past month, plus brings to light some additional encouraging news about our local real estate market. Phoenix area home sales are up. [...]

Phoenix Real Estate Market Update

by Dru Bloomfield on April 15, 2009

Just finished reading a new post on the John Hall & Associates blog.  Phoenix Real Estate Market by Tom Ruff Lots of good info that validates some of my experience with lender owned properties over the past month, plus brings to light some additional encouraging news about our local real estate market. Phoenix home sales are [...]